"Citigroup Stock Soars Despite Earnings Dip; Outlook Tied to Rate Cuts and Political Climate"
"Citigroup's Q3 2024 revenue reached $20.3 billion, a 1% increase year-over-year, but net income fell 8% to $3.2 billion; despite this, its stock price is up 44% year-to-date, outpacing the S&P 500, but contrasting sharply with its underperformance in the previous three years."
"Citigroup Stock Soars Despite Earnings Dip; Outlook Tied to Rate Cuts and Political Climate"
"Citigroup's Q3 2024 revenue reached $20.3 billion, a 1% increase year-over-year, but net income fell 8% to $3.2 billion; despite this, its stock price is up 44% year-to-date, outpacing the S&P 500, but contrasting sharply with its underperformance in the previous three years."
Progress
40% Bias Score
Lock in High CD Rates Before December Fed Meeting
With the Federal Reserve likely to cut interest rates in December 2024, savers should consider opening a long-term CD now to lock in higher rates before lenders preemptively lower their offers, preventing holiday overspending and securing predictable returns.
Lock in High CD Rates Before December Fed Meeting
With the Federal Reserve likely to cut interest rates in December 2024, savers should consider opening a long-term CD now to lock in higher rates before lenders preemptively lower their offers, preventing holiday overspending and securing predictable returns.
Progress
56% Bias Score
Trump Says He Won't Remove Federal Reserve Chair Powell
President-elect Donald Trump said he will not attempt to remove Federal Reserve Chair Jerome Powell, reversing his prior statements and threats to remove him, despite no legal precedent preventing presidential removal.
Trump Says He Won't Remove Federal Reserve Chair Powell
President-elect Donald Trump said he will not attempt to remove Federal Reserve Chair Jerome Powell, reversing his prior statements and threats to remove him, despite no legal precedent preventing presidential removal.
Progress
36% Bias Score
U.S. Stocks Mixed After Strong Jobs Report
U.S. stocks closed mixed on Friday following the release of the November jobs report, which showed a 227,000 increase in nonfarm payrolls, exceeding expectations. The Dow Jones Industrial Average fell 0.28 percent, the S&P 500 rose 0.25 percent, and the Nasdaq Composite gained 0.81 percent.
U.S. Stocks Mixed After Strong Jobs Report
U.S. stocks closed mixed on Friday following the release of the November jobs report, which showed a 227,000 increase in nonfarm payrolls, exceeding expectations. The Dow Jones Industrial Average fell 0.28 percent, the S&P 500 rose 0.25 percent, and the Nasdaq Composite gained 0.81 percent.
Progress
32% Bias Score
November Jobs Report to Shape Federal Reserve's Interest Rate Decision
The November jobs report, expected to show a 214,000 increase in nonfarm payrolls, is crucial for the Federal Reserve's December policy meeting; October's unusually low 12,000 gain was heavily impacted by Hurricane Milton and the Boeing strike.
November Jobs Report to Shape Federal Reserve's Interest Rate Decision
The November jobs report, expected to show a 214,000 increase in nonfarm payrolls, is crucial for the Federal Reserve's December policy meeting; October's unusually low 12,000 gain was heavily impacted by Hurricane Milton and the Boeing strike.
Progress
40% Bias Score
US Hiring Rebounds in November After October Slump
US hiring rebounded in November with an estimated 208,000 jobs added, reversing October's decline caused by hurricanes and strikes; unemployment remained at 4.1%.
US Hiring Rebounds in November After October Slump
US hiring rebounded in November with an estimated 208,000 jobs added, reversing October's decline caused by hurricanes and strikes; unemployment remained at 4.1%.
Progress
36% Bias Score
US Housing Market Gridlock: High Prices, Low Inventory, and Fluctuating Mortgage Rates
High US home prices (47% above 2020 levels) and low housing inventory (34% below 2019) are creating a challenging market, while mortgage rates have recently fluctuated between 6% and 7.5%, influenced by Federal Reserve actions and election outcomes.
US Housing Market Gridlock: High Prices, Low Inventory, and Fluctuating Mortgage Rates
High US home prices (47% above 2020 levels) and low housing inventory (34% below 2019) are creating a challenging market, while mortgage rates have recently fluctuated between 6% and 7.5%, influenced by Federal Reserve actions and election outcomes.
Progress
40% Bias Score
Home Equity Loans: Credit Score Takes Precedence Over Fed Meeting Timing
The Federal Reserve's expected December interest rate cut may not drastically change home equity loan rates, as lenders often adjust offers preemptively; borrowers should prioritize improving their credit scores before applying.
Home Equity Loans: Credit Score Takes Precedence Over Fed Meeting Timing
The Federal Reserve's expected December interest rate cut may not drastically change home equity loan rates, as lenders often adjust offers preemptively; borrowers should prioritize improving their credit scores before applying.
Progress
48% Bias Score
"Trump Says He Won't Remove Federal Reserve Chair Powell"
"President-elect Donald Trump stated on NBC's 'Meet the Press' that he will not remove Federal Reserve Chair Jerome Powell, despite past threats and disagreements over interest rate policies."
"Trump Says He Won't Remove Federal Reserve Chair Powell"
"President-elect Donald Trump stated on NBC's 'Meet the Press' that he will not remove Federal Reserve Chair Jerome Powell, despite past threats and disagreements over interest rate policies."
Progress
44% Bias Score
U.S. Job Growth Rebounds in November, Exceeding Expectations
The U.S. added 227,000 jobs in November 2024, exceeding expectations after a weak October and suggesting continued job market strength despite a slightly increased unemployment rate of 4.2% and strong wage growth of 4% year-over-year.
U.S. Job Growth Rebounds in November, Exceeding Expectations
The U.S. added 227,000 jobs in November 2024, exceeding expectations after a weak October and suggesting continued job market strength despite a slightly increased unemployment rate of 4.2% and strong wage growth of 4% year-over-year.
Progress
44% Bias Score
U.S. Job Growth Rebounds in November
U.S. November hiring is projected to rebound to approximately 208,000 jobs, a stark contrast to October's record low of 12,000 jobs, primarily due to the end of hurricanes and strikes; the unemployment rate is expected to hold steady at 4.1%.
U.S. Job Growth Rebounds in November
U.S. November hiring is projected to rebound to approximately 208,000 jobs, a stark contrast to October's record low of 12,000 jobs, primarily due to the end of hurricanes and strikes; the unemployment rate is expected to hold steady at 4.1%.
Progress
32% Bias Score
US Adds 227,000 Jobs in November, Unemployment Rate Rises to 4.2%
The US added 227,000 jobs in November, increasing the unemployment rate to 4.2%, following October's weak 12,000 job growth due to hurricanes and a Boeing strike; the November report precedes President-elect Trump's inauguration and raises concerns about his potential policy impacts.
US Adds 227,000 Jobs in November, Unemployment Rate Rises to 4.2%
The US added 227,000 jobs in November, increasing the unemployment rate to 4.2%, following October's weak 12,000 job growth due to hurricanes and a Boeing strike; the November report precedes President-elect Trump's inauguration and raises concerns about his potential policy impacts.
Progress
52% Bias Score